Is the word 'basic' the adjective of "base" and "basis"? I can't find the answer in my dictionary.
These words all have the same entomology. "Basic" is the adjective of "basis"
Is "tourism industry" the same meaning with "tourist industry' ?
We usually do not refer to "tourism industry", but just "tourism". eg Tourism has increased dramatically in Thailand, and the tourist industry (the infrastructure of hotels, domestic flights between cities, taxis, tours within a city etc,) has responded to meet the need.
Could you please explain the meaning 'open market' to me? Is it the same with 'black market'?
a situation in which companies can trade freely without limits, and prices change in response to supply and demand. Compare this to certain goods which are sold(even in an open market), the basic foods of milk and bread, where the government may fix the price, and suppliers have to apply and justify a price increase.
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